alleged is of 2013 when the petitioner was a student and studying in Panjab

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University, Chandigarh. He has no concern with the deal, the complainant

had with his father, if any. Even otherwise, the money was not embezzled,

rather invested and receipt was given to the complainant.

The matter is still under investigation and the role of the

petitioner is still to be verified by the investigating officer on the basis of

allegations and material produced by the complainant. It is also a fact to be

seen as to whether on the basis of allegations that money given for deposit

in post-office, but invested in shares of a company, amount to act

punishable under Section 406 IPC.

Keeping in view the above facts but without expressing any

opinion on the merits of the case, this petition is allowed and the order dated

05.06.2017 is made absolute till the presentation of challan, subject to the

following terms:-

(i) that the petitioner shall make himself available for
interrogation by the police as and when required;

(ii) that the petitioner shall not, directly or indirectly, make
any inducement, threat or promise to any person
acquainted with the facts of the accusation against him so
as to dissuade him from disclosing such facts to the
Court or to any police officer;

(iii) that the petitioner shall not leave India without the prior
permission of the Court.

(iv) that the petitioner will seek regular bail on the
presentation of challan in Court.